2022-06-01 - Validus, with roughly $1 billion of capital commitments available for deals, is also looking to convert its “barrels in the ground” into high margin returns.
2022-06-20 - Jonathan Curth has extensive legal experience working with public E&P companies, most recently at Vine Energy, which was acquired by Chesapeake Energy in 2021.
2022-06-20 - In a separate filing, Petrobras added that its chief exploration and production officer, Fernando Borges, was appointed interim CEO. Borges will become Petrobras’ fourth CEO since Brazilian President Jair Bolsonaro took office in 2019.
2022-06-07 - Morgan Stanley analysts said about 30% of the E&P companies they cover have increased capex to address inflationary pressures from service providers and raw materials.
2022-06-07 - In its initial acquisition, Andros Minerals entered an agreement with an undisclosed private seller to acquire a portfolio located in the Eagle Ford Shale and Permian’s Midland and Delaware sub-basins.